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EUR/JPY

  • #2,921
  • Feb 10, 2015 4:33pm Feb 10, 2015 4:33pm
Quoting BigGreen21
{quote} i see for now im going to wait and see if the pattern continues to be bullish before enter a trade
Tomorrows London and NY session should push PA higher towards 137 however for scalpers out there, nice possibilities throughout the Asia session to bag some pips range bound.

PA has tried to break and close higher on 4 different occasions now and failed. The resistance is strong but with the meetings taking place tomorrow, should be choppy but rising tomorrow.

Trade safe.
To live a successful life, we must lose our fear of being wrong
  • #2,922
  • Feb 10, 2015 4:39pm Feb 10, 2015 4:39pm
Quoting EatPIPs
{quote} Tomorrows London and NY session should push PA higher towards 137 however for scalpers out there, nice possibilities throughout the Asia session to bag some pips range bound. PA has tried to break and close higher on 4 different occasions now and failed. The resistance is strong but with the meetings taking place tomorrow, should be choppy but rising tomorrow. Trade safe.
thanks for the heads up
  • #2,923
  • Feb 11, 2015 3:32am Feb 11, 2015 3:32am
PA taken out previous high now currently using it as support - today should at least tell if new support is created and further upside expected or if it will fail here and take another nose dive.

Currently holding long positions.
To live a successful life, we must lose our fear of being wrong
  • #2,924
  • Feb 11, 2015 4:49am Feb 11, 2015 4:49am
Quoting EatPIPs
PA taken out previous high now currently using it as support - today should at least tell if new support is created and further upside expected or if it will fail here and take another nose dive. Currently holding long positions.
Long closed in current resistance zone 135.65.
To live a successful life, we must lose our fear of being wrong
  • #2,925
  • Feb 11, 2015 6:12am Feb 11, 2015 6:12am
135.80 becomes strong resistance for the EURJPY, considering the strength of JPY and the Greece decision the pair is likely to reverse from that level.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH4.png Size: 31 KB
  • #2,926
  • Feb 11, 2015 6:28am Feb 11, 2015 6:28am
Yeah i've placed an aggressive large short at 135.6 looking for break of structural low today.
To live a successful life, we must lose our fear of being wrong
  • #2,927
  • Feb 11, 2015 6:29am Feb 11, 2015 6:29am
Attached Image (click to enlarge)
Click to Enlarge Name: EJ.png Size: 49 KB
To live a successful life, we must lose our fear of being wrong
  • #2,928
  • Feb 11, 2015 6:31am Feb 11, 2015 6:31am
Quoting Fx_Anil
135.80 becomes strong resistance for the EURJPY, considering the strength of JPY and the Greece decision the pair is likely to reverse from that level. {image}
i disagree i believe it will reverse but not today , today i believe it will go higher
but lets wait to see the euro meeting anyway
  • #2,929
  • Feb 11, 2015 6:57am Feb 11, 2015 6:57am
Quoting rehanovich
{quote} i disagree i believe it will reverse but not today , today i believe it will go higher but lets wait to see the euro meeting anyway
yes, I may be wrong. Let's wait for the Euro meetings. Thanks
  • #2,930
  • Feb 11, 2015 7:10am Feb 11, 2015 7:10am
The 161.8 extension target of 137.5 is still on the table - a possible target before down move today.
To live a successful life, we must lose our fear of being wrong
  • #2,931
  • Feb 11, 2015 8:15am Feb 11, 2015 8:15am
135.6 seems to be holding for the moment - hanging on to my short
To live a successful life, we must lose our fear of being wrong
  • #2,932
  • Feb 11, 2015 8:58am Feb 11, 2015 8:58am
Quoting Fx_Anil
{quote} yes, I may be wrong. Let's wait for the Euro meetings. Thanks
I really do not think the Euro meeting will have a significant impact on the EUR. It is likely to be one of those days because I am sure they won't be announcing another round of QE. In other words most of what they are likely to say is already out in the market, and whatever decision comes out on Greece, I think the market has already priced that in the currency pair.
  • #2,933
  • Feb 11, 2015 9:01am Feb 11, 2015 9:01am
Quoting moonshot
{quote} I really do not think the Euro meeting will have a significant impact on the EUR. It is likely to be one of those days because I am sure they won't be announcing another round of QE. In other words most of what they are likely to say is already out in the market, and whatever decision comes out on Greece, I think the market has already priced that in the currency pair.
probably right but even though expectations about surprises or strong decisions from the meeting make price volatile
  • #2,934
  • Feb 11, 2015 9:07am Feb 11, 2015 9:07am
why suddenly servers down?
  • #2,935
  • Feb 11, 2015 9:48am Feb 11, 2015 9:48am
Quoting EatPIPs
135.6 seems to be holding for the moment - hanging on to my short
Stopped out of short - looks like we going for the 137 zone next...
To live a successful life, we must lose our fear of being wrong
  • #2,936
  • Feb 11, 2015 10:12am Feb 11, 2015 10:12am
Quoting rehanovich
{quote} i disagree i believe it will reverse but not today , today i believe it will go higher but lets wait to see the euro meeting anyway
yea as i said wait for retracement then go long with tight sl
  • #2,937
  • Feb 11, 2015 10:14am Feb 11, 2015 10:14am
300 pips consolidation + Triangle broken to the north, technically speaking, I expect this pair to go the next res area at 137 zone with extension to 139 area if the size of break out confirms, I'm locked in profits due the EUR meetings and let the profit runs.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY long 11 02 2015.png Size: 67 KB
  • #2,938
  • Feb 11, 2015 11:23am Feb 11, 2015 11:23am
Re-entered short, looking to hold this one now for a while, based on current high sustaining.
To live a successful life, we must lose our fear of being wrong
  • #2,939
  • Feb 11, 2015 12:00pm Feb 11, 2015 12:00pm
Quoting EatPIPs
Re-entered short, looking to hold this one now for a while, based on current high sustaining.
same here
  • #2,940
  • Edited Mar 10, 2015 5:40am Feb 11, 2015 1:13pm | Edited Mar 10, 2015 5:40am
hello...

i guess it will shoot up

first target 137.00
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